Tribunals · London Borough of Enfield · 2017 rating list

Troubadour Meridian Water Studios, Unit 8, Stonehill Business Park, Hawley Road, Hawley Road, N18 3QU

TV and Film Studios and Premises Decided 12 May 2025 CHG101184546 Colliers International - Laurence Hatchwell

OutcomeDismissedThe appeal failed, leaving the value at the figure the Valuation Officer had already conceded.
Original RV£100£100/m²
Ratepayer sought£60
VO conceded first£78−22% before the hearing
Tribunal decided£78£78/m²

Figures are as stated in the decision; a dash means the document does not state that figure.

What was argued and what the tribunal found

The appellant challenged the rateable value of a TV and film studio, arguing for an unadjusted base rate of £60 psm instead of the VO's £78 psm for the main stages, and sought end allowances of 10-100% for adjacent flood relief works. The tribunal dismissed both grounds, finding that the 30% uplift for studio stage space was justified by the superior specification and fit-out, that the comparable assessments supported the £78 psm rate, and that the proposed flood works, while known at the material dates, did not demonstrably affect the rental value as the site remained hireable throughout.

Summary generated from the decision text and checked against it. The appellant was Troubadour Theatres Limited, represented.

Grounds argued

  • Comparable assessments (tone) · decisive
  • Quantum or end allowance
Change of circumstances
flood relief works
Evidence
Settled assessments, Expert report
Cases cited
Dawkins (VO) v Ash Brothers and Heaton Ltd; Gardiner & Theobald LLP v David Jackson (VO)
Hearing
31 March 2025

The tribunal’s decision in full

Download the PDF · Find it on valuationtribunal.gov.uk

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